£10,000,000.00 Jewellery Theft In London

[Alickadoo]

Ten million pounds worth of jewellery has been stolen from Avenue Road, NW8.

https://www.bbc.co.uk/news/articles/cdxzd6nexnvo

BBC have missed a few tricks here.

First, it should be called Millionaire's Row and further, next to nothing about the people who had their trinkets stolen -

Like age, gender, nationality, occupations, so many questions, so few answers.

[Gareth79]

It's not common for victims of burglaries to be identified in requests for information, because it might make them vulnerable to further offences. It looks like they are really looking for somebody to "grass" the suspect with the hook of a very large reward.

[119]

Alickadoo said:

Ten million pounds worth of jewellery has been stolen from Avenue Road, NW8.

https://www.bbc.co.uk/news/articles/cdxzd6nexnvo

BBC have missed a few tricks here.

First, it should be called Millionaire's Row and further, next to nothing about the people who had their trinkets stolen -

Like age, gender, nationality, occupations, so many questions, so few answers.

What difference would it make knowing all that exactly?

[milesgiles]

Why are the homeowners offering such a large reward? Very suspicious. Inside job.

[g4ry13]

milesgiles said:

Why are the homeowners offering such a large reward? Very suspicious. Inside job.

Because the Police are pretty useless and they know time is a factor and want to get stuff back ASAP before it gets flogged in other parts of the world.

[Tankrizzo]

I wonder if the thief really knows exactly what he's pinched? Or whether he's just chucked a load of shiny stuff in a bag.

[alscar]

milesgiles said:

Why are the homeowners offering such a large reward? Very suspicious. Inside job.

Items were unique and sentimental and owners very very rich.
Also not beyond realms of possibility that Insurer may contribute towards such.

[thebraketester]

It will be pocket change for the owners. I used to drive up the road almost daily a few years ago. I barely recognise it now because most houses seem to be bulldozed and rebuilt on a regular basis.

[CrgT16]

Surely it is insured? Sentimental or not they will be able to replace them and move on with their lives. I know I did and I lost a bit more than some trinkets.

[macron]

CrgT16 said:

Surely it is insured? Sentimental or not they will be able to replace them and move on with their lives. I know I did and I lost a bit more than some trinkets.

Did you have £11m pinched then?

[valiant]

CrgT16 said:

Surely it is insured? Sentimental or not they will be able to replace them and move on with their lives. I know I did and I lost a bit more than some trinkets.

Surely with the very high value of said jewellery, there’d be very strict conditions on keeping such jewellery at home?

Stuff like keeping it in a decent safe when not being worn or even a strong room alongside state of the art alarm systems?

Maybe that’s why the reward is so high as the insurance may not payout?

[Countdown]

CrgT16 said:

Surely it is insured? Sentimental or not they will be able to replace them and move on with their lives. I know I did and I lost a bit more than some trinkets.

if the items are one-offs then it doesn't really matter if they're insured because they're literally irreplaceable. From the owner's point of view its probably best to pay 10% of the value "as a reward" in order to get the originals back.

[Shooter McGavin]

I know everything is relative, but even to the super rich £10 MILLION of jewellery is an awful lot for someone to just climb into a window and swipe.

Surely the insurers require such values to be kept in a locked safe at all times when not being worn?

[Southerner]

Shooter McGavin said:

Surely the insurers require such values to be kept in a locked safe at all times when not being worn?

You’d think so!

Also, report says intruder “climbed in through a second floor window”. Smashed, levered open some shonky old wooden frame (conservation area/listed etc?), or literally just climbed through an open window? 17:00 - 17:30 seems an odd time to be carrying out burglaries, and presumably leaving with £11m of jewellery, £15,000 in cash and a load of posh handbags isn’t terribly discreet.

All a bit perplexing!

[The Rotrex Kid]

Incredible that anyone just has £10m+ of jewellery laying around to get nicked. What a crazy world we live in. Probably already been sold for 1/1000th of its value and gone to China never to be seen again.

[Vasco]

Lots of assumptions that they'd have insurance. They moght have decided on balance to not bother.

[Gareth79]

The article says the thief "broke in" by "climbing in through a second-floor window" so it seems unlikely that insurance would cover it.

[g4ry13]

Some more information about the victim. Shafira Huang a multi-millionaire Instagram influencer (with only 13k followers).

Something not quite adding up there about the source of funds. Maybe she's married to some wealthy Russian guy.

[Super Sonic]

Maybe the value of the jewellery has been inflated.

[g4ry13]

Super Sonic said:

Maybe the value of the jewellery has been inflated.

Or appreciated in value. Gold prices have gone up a lot over the last year.

Some of those handbags and other fashion items can be very expensive to replace.